U.S. Global Investors has expanded its subadvisory relationship with Charlemagne Capital for a new fund.

Charlemagne will subadvise U.S. Global's Global Emerging Markets Fund, which will open to investors on February 14. The London-based manager already subadvises U.S. Global's Eastern European Fund.

The new fund will invest in countries including Hungary, the Czech Republic, Mexico, South Africa, Poland, Chile, Israel, Taiwan and Malaysia.

With this latest offering, the U.S. Global fund family includes 14 funds.  

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